Texas foreclosure postings vary widely

Foreclosure postings are generally on the rise, including in San Antonio, but a closer look at the data shows some Texas areas are seeing fewer postings than others.

The Dallas-Fort Worth Metroplex showed an 8 percent decline in foreclosure auction postings for the Feb. 3 auction compared to the same month last year, according to Foreclosure Listing Service Inc. It was the first decline for the February auction since 2000.

In South Central Texas, McLennan and Bell counties both saw up to a 10 percent decline in postings.

But the Austin Metro area saw a 24 percent increase in postings, led by a doubling of postings in Hays County and 88 percent increase in Bastrop County.

And postings were up 24 percent in Guadalupe, 15 percent in Bexar County and 8 percent in Comal County.

Foreclosure Listing Service tracks raw postings for single-family homes, condominiums and town homes. The company expects that 40 percent of the properties will be auctioned with 90 percent of the properties bought at auction returning to the lenders and 10 percent going to individual buyers.